Good MorningEquity markets started the holiday week on uncertain footing falling about 0.40% at the low of the day. Investors hoping for a Santa Claus Rally to end the year may be disappointed. At best, any upswing in prices will be suspect due to the nature of holiday trading, including light volumes and a tendency for knee-jerk reactions.
The next big hurdle for the market will come next week with the release of the monthly NFP report. If the labor market continues to show strength and in particular high levels of wage inflation, it will reinforce the idea the FOMC is not finished with its round of interest rate hikes. The risk for the market is that wage inflation will be above expectation which could lead the FOMC to keep rates higher for longer. The takeaway is that January will not likely be a good month for investors and the rest of the year could be worse. Featured: Elon’s big $266,000 per second purchase (Ad) 
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Medical | |
Immutep Ltd (NASDAQ: IMMP) is a leading developer of immunotherapy treatments for cancer and autoimmune diseases. Specifically, they focus on Lymphocyte Activation Gene-3 (also known as "LAG-3"), a molecule located on the surface of cells that plays a crucial role in immune system regulation.
Th... Read the Full Story |
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From Our Partners | | Bill Poulos is offering his Smart Trade Options Checklist at no cost today - normally priced at $29.97.
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Retail/Wholesale | |
Popular fast-casual restaurant franchisor Yum! Brands Inc. (NYSE: YUM) stock has been on a tear since its Q3 2022 earnings release. Its famous brands include Taco Bell, KFC, Pizza Hut and Habit Burger Grill, with over 53,000 restaurants worldwide throughout 157 countries. It was spun off from Peps... Read the Full Story |
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Industrials | |
The industrial sector will be one to watch in 2023. And in this article, you’ll get three industrial stocks that present an opportunity for investors of all styles. You’ll get one small-cap stock, one mid-cap stock and one large-cap stock for your consideration.
The effects of gover... Read the Full Story |
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From Our Partners | | Trump is launching a new $250 bill - but that may be a distraction. Behind the scenes, Executive Order 14241 is orchestrating what analyst Porter Stansberry calls a total U.S. money reset, bypassing conventional legal channels under the guise of national security.
The last time America reset its currency - under Nixon in the 1970s - it created an average of 1,300 new millionaires a day for over 50 years. Stansberry has identified three asset categories connected to Trump's initiative that could surge, plus his single top investment move. | | Watch the documentary briefing and find out which side you land on |
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Retail/Wholesale | |
A growing number of indications suggest the market, not just the institutions, has chosen CarMax (NASDAQ: KMX) over Carvana (NASDAQ: CVNA). Simply put, the former has proven its ability to function and operate across state borders.
What this means for investors is a blue chip used car company ver... Read the Full Story |
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Markets | |
The heatmap determines liquidity is in the market and how liquidity providers behave. In other words, it helps traders determine where the actual orders in the market are being made.
Price Charts: Does a Better Method Exist?
Since the equity and futures markets first developed, most traders have... Read the Full Story |
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From Our Partners | | Bank of America just revealed your expiration date. In their Bloomberg interview, they didn't just predict the digital dollar. They gave us the timeline… 2025 to 2030. We're in that window right now.
Once the digital dollar launches, every transaction you make will be tracked. Your spending could be controlled. Your accounts could be frozen.
Over 4,500 investors have already used this legal backdoor to hold assets CBDCs can't freeze and generate yields the Federal Reserve can't touch. | | Watch how to access the legal backdoor before it closes. |
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Technology | |
Memory and storage chip giant Micron Technology Inc. (NYSE: M.U.) has fallen (-46%) in 2022. This is because dynamic random access memory (DRAM) chip demand has been weak. Nevertheless, it is the third largest player in the DRAM market, with a 23.5% global market share behind Samsung Electronics C... Read the Full Story |
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Markets | |
Penny stocks are attractive to many investors because they are cheap. However, many of these stocks are new and/or volatile, so while they may be a quick and easy addition to any portfolio, picking ones with a lot of long-term potential is important. And regarding the healthcare sector, here are a... Read the Full Story |
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Transportation | |
Low-cost airline carrier Southwest Airlines Co. (NYSE: LUV) is the first U.S. airline to reinstate its dividend and at its pre-pandemic levels of $0.18. Shares are still trading down (-18%) on the year as the whole travel and leisure sector got hit with a wave of heavy year-end selling. Southwest ... Read the Full Story |
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Basic Materials | |
It’s not the warmest or most cuddly holiday-season image, but steel stocks, including Nucor Corporation (NYSE: NUE) and Steel Dynamics Inc. (NASDAQ: STLD), are bringing some cheer to investors.
As a group, steelmakers have been rising quickly, led by those two S&P 500 components, along ... Read the Full Story |
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Finance | |
The PCE price index cooled on a month-to-month and YOY basis, precisely what the market wanted to see. The bad news is that the index cooled less than expected at the core level YOY and remains hot at 4.7%. At this level, inflation has peaked but is still trending in a range that is more than doub... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Werner Enterprises, Inc., together with its subsidiaries, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the United States, Mexico, and internationally. The company operates through two segments, Truckload Transportation Services and Werner Logistics. The Truckload Transportation Services segment operates a fleet of medium-to-long-haul vans that transports various consumer nondurable products and other commodities in truckload quantities using dry van trailers; the expedited fleet, which offers time-sensitive truckload services using driver teams; a regional short-haul fleet that provides truckload van service in the United States; and temperature-controlled fleet, which offers truckload services for temperature-sensitive products using temperature-controlled trailers. This segment provides truckload services to retail distribution centers or manufacturing facilities using dry vans or trailers to transport retail store merchandise, consumer products, food and beverage products, and manufactured products. As of December 31, 2023, it had a fleet of 8,000 trucks, which included 7,740 company-operated, as well as 260 owned and operated by independent contractors; and 30,810 trailers that comprised dry vans, flatbeds, temperature-controlled, and other trailers. The Werner Logistics segment provides non-asset-based transportation and logistics services, including truck brokerage; logistics management services and solutions; rail transportation through alliances with rail and drayage providers; and residential and commercial deliveries of large or heavy items using liftgate straight trucks. As of December 31, 2023, this segment operated 35 drayage tractors and 115 delivery trucks. It also sells used trucks and trailers; and trades used trucks to original equipment manufacturers. The company was founded in 1956 and is headquartered in Omaha, Nebraska. | | View Today's Stock Pick |
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